A Reversal for Brammer plc Is Not Near. The Stock Rises Again

 A Reversal for Brammer plc Is Not Near. The Stock Rises Again

The stock of Brammer plc (LON:BRAM) is a huge mover today! The stock increased 1.46% or GBX 1.5 on November 9, hitting GBX 104.5. About 150,406 shares traded hands. Brammer plc (LON:BRAM) has declined 41.23% since April 11, 2016 and is downtrending. It has underperformed by 46.01% the S&P500.
The move comes after 5 months positive chart setup for the GBX 135.23M company. It was reported on Nov, 9 by Barchart.com. We have GBX 179.74 PT which if reached, will make LON:BRAM worth GBX 97.37 million more.

Brammer plc (LON:BRAM) Ratings Coverage

Out of 3 analysts covering Brammer PLC (LON:BRAM), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Brammer PLC has been the topic of 18 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Peel Hunt maintained the shares of BRAM in a report on Friday, October 7 with “Hold” rating. The stock of Brammer plc (LON:BRAM) has “Buy” rating given on Monday, March 21 by Jefferies. Jefferies upgraded Brammer plc (LON:BRAM) rating on Monday, October 26. Jefferies has “Buy” rating and GBX 260 price target. The company was maintained on Thursday, February 11 by Investec. The rating was maintained by Peel Hunt with “Hold” on Thursday, August 4. The company was upgraded on Wednesday, November 11 by Investec. Peel Hunt downgraded Brammer plc (LON:BRAM) rating on Wednesday, June 29. Peel Hunt has “Hold” rating and GBX 110 price target. As per Tuesday, January 26, the company rating was maintained by Jefferies. On Tuesday, September 22 the stock rating was maintained by Jefferies with “Hold”. As per Friday, August 5, the company rating was maintained by Jefferies.

More recent Brammer plc (LON:BRAM) news were published by: Fool.Co.Uk which released: “Should you buy Shawbrook Group plc, Brammer plc and Bunzl plc today?” on June 29, 2016. Also Fool.Co.Uk published the news titled: “Should You Buy ITV plc, Royal Mail PLC And Brammer plc Following Today’s News?” on July 28, 2015. Fool.Co.Uk‘s news article titled: “Why Brammer plc, Rentokil Initial plc And Computacenter plc Are Falling Today” with publication date: November 07, 2014 was also an interesting one.

Brammer plc is a United Kingdom-based holding company. The company has a market cap of 135.23 million GBP. The Firm provides management services to its subsidiaries. It currently has negative earnings. The Company’s divisions include UK, Germany, France, Spain, Benelux, Nordic, and Eastern Europe and Other.

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